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Message: What is Kimber Worth?

Baires

Quite frankly, I don't know perhaps Bull does.

I think they want to get some more holes in at depth to get a better picture of what lies beneath the proven reserves and formulate a plan perhaps involving both and open pit and underground mine. I suspect if they aren't bought out by that time they will go ahead with a plan or a mine at that time assuming the drilling is favorable. The Carmen was originally an underground mine with an assay cutoff of 15 gm./ton so there's some good stuff lurking in the depths. Where they hit the vein they produced 24 gm./ton and 21 gm./ton equivalent over approx. 1 metre intervals.

If they are working with a larger resource base the other problems will just be issues to address not project stopping obstacles.

Also gold looks to be heading up in price quite strongly an very soon according to my analysis using Sinclair's long term log chart and french curve method. I started to explain how that works one time but got all but blasted off the Tyhee board for the heresy of bringing up his name so I never posted it.

I see many posts with reference to him there now so at least that phase seems to have passed. Got to go for now have a meeting tonight.

P.

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